Small Business Grants in Pennsylvania
Pennsylvania is home to several very popular American manufacturing companies. The state is considered a thriving ground for businesses.
Approximately 1 million small businesses are operating in the state.
In these, more than 2.4 million workers are employed. With enormous industries in the state, there’s no wonder that small businesses seek loans and grants for capital.
In this article, we’ve listed the top sources to seek small business grants in Pennsylvania.
Top 4 Sources for Small Business Grants Pennsylvania
There are mainly two ways to search for the best small business grants in the state of Pennsylvania. First off, you can search locally and within your region for business resources and grants.
Secondly, you can find out about state-sponsored small business grants in Pennsylvania.
Talking to the local Small Business Administration (SBA) representative and other similar departments in your area is also recommended.
Let’s check out the top ways you can seek and secure small business grants in Pennsylvania:
1 – Small Business Advantage Grants
The Pennsylvania Department of Environmental Protection (DEP) offers the Small Business Advantage Grant.
Small businesses and farmers with less than 100 employees on payroll can seek this small business grant in Pennsylvania.
This grant matches up to 50% of equipment and material costs for grant recipients. Eligible recipients can receive a maximum of US$ 7,000 through this grant.
This grant is meant for investing in pollution prevention, waste reduction and energy-efficient processes and projects.
You will need to apply for the Small Business Advantage Grant through the DEP’s online application process. To learn more about eligibility criteria, documents required and application process, you can visit the website at https://www.dep.pa.gov/Citizens/GrantsLoansRebates/
2 – Very Small Meat Processor Grant
The Very Small Meat Processor Grant program helps alleviate certain costs related to meeting federal inspection for meat processing plants.
Under this program, recipients are awarded up to US$ 50,000 or 50% of the total project cost.
Eligible participants are meat processing businesses that generate less than US$ 2.5 million in sales.
These companies also need to have less than 10 employees on their payroll to qualify for this grant.
The grant money can be used to offset some of the major costs associated with buying equipment to complete the stated projects.
You can learn details of eligibility criteria, award and application process by visiting the Pennsylvania Department of Agriculture website at https://www.agriculture.pa.gov/.
3 – Empowerment Zone Grants
There are several grants awarded to businesses operating in Philadelphia’s “Empowerment Zones”. These are specially designated areas that receive additional funding for economic development.
Businesses operating out of Philadelphia’s North Central, American Street and West Philadelphia Empowerment Zones are eligible to apply for this grant.
This grant offers funds ranging from US$ 20,000 to US$ 25,000 for business assistance, beautification and business expansion.
The specific eligibility criteria differ between different grant programs under this initiative. Your business might have to meet additional criteria to seek other grants, such as that for business assistance.
To know all details of eligibility criteria and application process, you can choose to visit Philadelphia’s Commerce Department and consult with staff members.
This allows discussing your business needs and additional details on specific grant programs. Once you’ve decided the type of grant you wish to apply for you can simply download the application form and submit it to the Department of Commerce for approval.
Get the application form from this link https://www.phila.gov/documents/empowerment-zone-funding-applications/.
4 – Storefront Improvement Program
The Storefront Improvement Program allows business owners to improve their business or building’s exterior.
This initiative is meant to reimburse nearly 50% of the total improvement costs of commercial properties. Business owners can receive up to US$ 15,000 in small business grants.
In case your business operates out of multiple locations in Philadelphia or is a corner business property, then you can receive up to US$ 15,000 in small business grant in Pennsylvania.
Eligibility criteria dictate that the business property must be located at approved locations. You can check this by contacting any City of Philadelphia staff member.
Once approved, you will need to create a plan for the project with a relationship manager. Once the plan is finalized, you can download and apply the following link https://www.phila.gov/programs/storefront-improvement-program/.
5 – Fundera Zach Grant
The Fundera Zach Grant is yet another excellent way to secure small business grants in Pennsylvania.
This grant offers up to US$ 2,500 to the most creative, original and high-quality application video submitted to the committee.
To learn more about eligibility criteria and the application process, you can visit the official website at https://www.fundera.com/resources/zach-grant.
These are the top 5 sources to secure small business grants in Pennsylvania. There are numerous other grant and funding opportunities for small businesses in the state.
To find out additional resources for getting small business grants in Pennsylvania, you can do a quick online search.
You can also visit any of the commercial supporting and advocacy groups operating in your area for further details on small business grants in Pennsylvania.